Face the uncertainties of business operation and learn how to deal with them
Designer Silverware
In this case study, the participant is the general manager of a company that is producing exclusive designer silverware, mainly for high-class restaurants and hotels. The company “Forknello” has been in the market for a while, it has faced various crises over different periods. The participant has recently joined the company, and they will need to resolve three different life-stage crisis situations. The aim is to lead the business through three different situations. Identify the crises and associated risks, and find a solution for them in order to stabilize the company. Each chapter in this module covers a different management topic that will help the participant lead the company. The participant will learn more about crisis management through three different simulations.
What You will Practice in this business simulation
Business this simulation will cover the following areas:
Selecting and analyzing crises that can arise in a business' life cycle
Learn how to identify change situations and how to make business decisions in crisis situations
Understand the change drivers
Experience situations of liquidity crisis, technology crisis, and regulatory changes
Learn how to evaluate the effects of certain decisions and how to prioritize managerial actions
Managing your company in a difficult liquidity situation, and get an insight into cash-flow management
Helping the company reorganize its operations after a regulatory change








